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Lots 1 to 32 inclusive , block 567 , 'lat of "Everett . <br /> Section 4: t; special fund is hereby created to be <br /> called "Local Improvement fund 1 o . 566 , " which shall consist <br /> in the aggregate of t?-.e several amou4ts assessed, levied and <br /> co4.1ected on the several lots, tracts end other parcels of land <br /> in said Local Improvement District. Out of said fund shall be <br /> paid the warrants, the interest thereon and the entire cost of such <br /> improvement . <br /> Section 5: That the cost and expense of such improve- <br /> 11,1ment shall be defrayed uy special assessments , arable under the mode <br /> 1, of "Immediate Payment , " as defined by law end the ordinances of <br /> said city. ;:arra.nts bearing interest at the rate of 3 35 <br /> percent per annum, payable only out of Local Improvement District <br /> Fund No. 566 , herein created, shall be issued in payment of <br /> such improvement . <br /> I ayor <br /> I; <br /> 1; Attest: <br /> jZ % <br /> �% ty Clerk <br /> li <br /> Passed: March 19th , 1946 . <br /> is <br /> Published: " 21st, 1946. <br /> • <br /> • <br /> ti <br /> Ij <br /> -2- <br />